Type
Closure
Country
Denmark
Region
Location of affected unit(s)
Sector
Retail
Wholesale And Retail Trade And Repair Of Motor Vehicles And Motorcycles
Wholesale Trade Of Motor Vehicle Parts And Accessories
45.32 - Retail trade of motor vehicle parts and accessories

300 jobs
Number of planned job losses
Job loss
Announcement Date
16 December 2014
Employment effect (start)
16 December 2014
Foreseen end date
28 February 2015

Description

Nordic spare-parts chain group Mekonomen announced plans to close all its 25 stores, along with the regional warehouse and head office in Denmark. 300 jobs are to be lost. As mentioned, the restructuring will take place by the start of 2015 and is in response to tough competition resulting in pressure on prices in the Danish market.


Sources

  • 16 December 2014: fyens.dk
  • 16 December 2014: Mekonomen (Press Release)
  • 16 December 2014: Business.dk

Citation

Eurofound (2014), Mekonomen, Closure in Denmark, factsheet number 78008, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/78008.